CHILE: Uranium Find

President Gabriel González Videla announced
last week that uranium had been discovered in Chile. Geologists of the
U.S. Atomic Energy Commission, secretly brought in last year by the
Chilean Development Corp. (Fomento) to explore likely areas in north
central Chile, found two deposits near La Serena and Vallenar.
Proclaiming that "the discovery will bring the country unsuspected
wealth," President González asked Congress for a law that will place
all Chilean Uranium under government control.